LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$111M |
| 2 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$105M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$89.7M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$85.9M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$60.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$136M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$44.3M |
| 3 |
WisdomTree US Total Dividend Fund
DTD
|
+$36.3M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$35.2M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$33.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.59% |
| 2 | Financials | 2.78% |
| 3 | Healthcare | 2.32% |
| 4 | Consumer Discretionary | 2.14% |
| 5 | Industrials | 2.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
Janus Henderson Small Cap Growth Alpha ETF
JSML
$357M
| $1.25M | ﹤0.01% |
28,534
-2,186
| -7% | -$92.8K |
|
1577
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $1.25M | ﹤0.01% |
89,268
+5,386
| +6% | +$73.6K |
|
1578
Mercury Insurance
MCY
$6.07B
| $1.25M | ﹤0.01% |
19,939
+592
| +3% | +$33K |
|
1579
Lear
LEA
$7.43B
| $1.24M | ﹤0.01% |
8,931
-667
| -7% | -$93.6K |
|
1580
DigitalBridge
DBRG
$2.93B
| $1.24M | ﹤0.01% |
62,171
-3,145
| -5% | -$65.2K |
|
1581
MGE Energy Inc
MGEE
$3.07B
| $1.24M | ﹤0.01% |
16,966
-348
| -2% | -$23.9K |
|
|
Y
1582
DELISTED
Alleghany Corp
Y
| $1.24M | ﹤0.01% |
1,820
-69
| -4% | -$45.7K |
|
1583
Wabtec
WAB
$50B
| $1.24M | ﹤0.01% |
17,170
+2,344
| +16% | +$166K |
|
|
HPF
1584
John Hancock Preferred Income Fund II
HPF
$341M
| $1.23M | ﹤0.01% |
53,623
-1,973
| -4% | -$44K |
|
|
NHS
1585
Neuberger High Yield Strategies Fund Inc
NHS
$250M
| $1.23M | ﹤0.01% |
105,407
-3,476
| -3% | -$40.7K |
|
|
DMB
1586
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$196M
| $1.23M | ﹤0.01% |
92,398
+11,296
| +14% | +$150K |
|
1587
GATX Corp
GATX
$6.46B
| $1.23M | ﹤0.01% |
15,530
+562
| +4% | +$42.7K |
|
1588
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $1.23M | ﹤0.01% |
52,820
-2,965
| -5% | -$69.4K |
|
1589
Jazz Pharmaceuticals
JAZZ
$16.1B
| $1.23M | ﹤0.01% |
8,624
-158
| -2% | -$21.2K |
|
|
JPEU
1590
DELISTED
JPMorgan Diversified Return Europe Equity ETF
JPEU
| $1.23M | ﹤0.01% |
21,815
-319
| -1% | -$18K |
|
1591
State Street SPDR S&P Telecom ETF
XTL
$547M
| $1.23M | ﹤0.01% |
18,137
+448
| +3% | +$31.4K |
|
|
VIAB
1592
DELISTED
Viacom Inc. Class B
VIAB
| $1.23M | ﹤0.01% |
41,090
-5,704
| -12% | -$167K |
|
1593
Bank OZK
OZK
$5.63B
| $1.23M | ﹤0.01% |
40,719
+1,895
| +5% | +$58.7K |
|
1594
SiriusXM
SIRI
$10.7B
| $1.22M | ﹤0.01% |
21,940
-1,022
| -4% | -$58.1K |
|
1595
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.41B
| $1.22M | ﹤0.01% |
54,658
+10,689
| +24% | +$239K |
|
1596
iShares ESG Aware MSCI USA ETF
ESGU
$17.6B
| $1.22M | ﹤0.01% |
18,944
-2,086
| -10% | -$132K |
|
1597
Zions Bancorporation
ZION
$10.2B
| $1.22M | ﹤0.01% |
26,537
-157
| -0.6% | -$7.26K |
|
1598
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$328M
| $1.22M | ﹤0.01% |
77,145
+13,816
| +22% | +$216K |
|
1599
FirstCash
FCFS
$8.82B
| $1.22M | ﹤0.01% |
12,114
+6,381
| +111% | +$606K |
|
1600
Thomson Reuters
TRI
$46.7B
| $1.21M | ﹤0.01% |
17,844
-132
| -0.7% | -$8.74K |
|
Similar funds
LPL Financial's Q2 2019 Portfolio in Review
As of Q2 2019, LPL Financial held 3,409 positions worth $46.9B, up 6.6% from $44B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
LPL Financial deployed $1.68B of net new capital in Q2 2019, opening 226 new positions and adding to 1,714 existing holdings. Its largest new stake was Dow Inc: 187,402 shares worth $9.24M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Bond Market, an estimated $136M trimmed.
- LPL Financial's largest Q2 2019 buy was Dow Inc: 187,402 shares worth $9.24M.
- LPL Financial added most to iShares US Treasury Bond ETF in Q2 2019, an estimated $111M increase.
- LPL Financial's biggest Q2 2019 reduction was Vanguard Total Bond Market, cutting an estimated $136M.
- LPL Financial fully exited WBI BullBear Global High Income ETF in Q2 2019, selling an estimated $18.5M.
- LPL Financial's ten largest holdings make up 23% of its $46.9B portfolio in Q2 2019.
- LPL Financial opened 226 new positions and closed 134 in Q2 2019.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $46.9B.
Based on LPL Financial's 13F filing for Q2 2019, filed 9 Aug 2019.